Posted on 17 Dec 2025
Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and local scrap procurement prices for transactions during December 15-19, the fourth week in succession that the mini-mill has held both prices steady.
For business discussions valid until this Friday, Feng Hsin continues to offer its 13mm-diameter rebar at TWD 16,400/tonne ($520/t) EXW, unchanged since the second half of November, and its buying price for local HMS 1&2 80:20 scrap also stays unchanged at TWD 8,200/t during the same period, a company official confirmed.
Prices of global scrap delivered to Taiwan have remained stable recently, aggravating the wait-and-see sentiment among local mini-mills, Mysteel Global noted.
As of December 15, the price for US-sourced HMS 1&2 80:20 scrap was reported at $300/t CFR Taiwan – the same as it's been since late September – while the price for Japanese H2 scrap averaged $315/t CFR Taiwan, the same level as two months ago, according to a local market source.
The official noted that China had announced on December 12 that it was adding some 300 steel products under an export licensing administration starting from January 1 2026, requiring Chinese exporters of the listed steel products to apply for an export license by submitting the relevant export contract and a product quality inspection certificate issued by the manufacturer, as Mysteel Global reported.
The official explained that although this may have a positive impact on Taiwan's steel market, Feng Hsin plans to stay on the sidelines this week to monitor changes after noting the weakness in finished steel prices in the Chinese mainland.
For example, China's national price of HRB400E 20mm rebar – an indicator of domestic steel-market sentiment – was assessed by Mysteel at Yuan 3,283/t ($466/t) including 13% VAT on December 15, lower by Yuan 30/t from one week earlier.
Source:Mysteel
